Technip, Sasol form engineering alliance on GTL

Technip and Sasol, the owner of the world’s leading gas-to-liquids (GTL) technology, have established an alliance for front-end engineering services on future projects.

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Technip and Sasol, the owner of the worlds leading
gas-to-liquids (GTL) technology, have established an alliance
for front-end engineering services for future Sasol GTL
projects, the companies said on Wednesday.

The alliance also allows for Technips participation
during the execution stage of future GTL projects. Officials said
the alliance, which builds on existing relationships, aims
to achieve strong capital productivity through the highest
standards of HSE, operability, accelerated innovation and
reduced project cycle times.

GTL technology is a process for
converting natural gas into petroleum products such as naphtha
and diesel fuel that are very clean with effectively no
pollution-causing sulfur or aromatic hydrocarbons.

The companies say the high-cetane number of the diesel
fuel will help meet future more stringent
specifications.

Sasol is excited about its GTL future," said Lean
Strauss, senior group executive at Sasol. "We are
confident that in working closely together, the design and
execution expertise of Technip will significantly further
enhance the robustness of our GTL value proposition as we grow
our business where our technology strength
lies.

GTL technology is becoming increasingly important not only for
the environmental advantages of its
products, but also because it provides an efficient and safe
solution for the transportation of natural gas.

A large portion of gas reserves are considered unusable or
stranded because they are too far from consumers
and difficult to transport. GTL offers a way to convert
stranded gas into petroleum products that can be transported
and sold using conventional tankers, pipelines, storage facilities and retail distribution
systems.

Technip's operating center in Rome, Italy, which serves
as its reference and main execution center for GTL, will be in
charge of managing the alliance. Its tasks will include
strengthening the relationship between the Technip Stone &
Webster Process Technology center in Boston, Massachusetts,
with Sasol Technology for the hydrocarbon synthesis technology
section.

"We are proud to be Sasols contractor of choice for its
future GTL facility projects, thereby confirming both
our leading position worldwide as one of the few contractors
with experience in major GTL facilities and our long-term
relationship with Sasol," he added.

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